94.060. Maximum rate of tax--how increased--ballots.

MISSOURI STATUTES AND CODES

94.060. Maximum rate of tax--how increased--ballots.

Maximum rate of tax--how increased--ballots.

94.060. 1. All cities of the third class in this state mayby ordinance levy and impose annually for municipal purposes uponall subjects and objects of taxation within such cities a taxwhich shall not exceed the maximum rate of one dollar on the onehundred dollars assessed valuation; provided, however, that therate of tax levy of one dollar on the one hundred dollarsassessed valuation for municipal purposes may be increased forsuch purposes for a period not to exceed four years at any onetime when such rate and purpose of increase are submitted to avote of the voters within such cities and two-thirds of thevoters voting thereon shall vote therefor, but such increase sovoted shall be limited to a maximum rate of taxation not toexceed thirty cents on the one hundred dollars assessedvaluation.

2. The city council may submit the question of increasingthe levy when in the opinion of such city council the necessitytherefor arises, and the question shall be submitted by such citycouncil when petitioned therefor by voters equaling in numberfive percent or more of the voters of such cities voting formayor at the last election at which a mayor was elected.

3. The question shall be submitted in substantially thefollowing form:

Shall there be a ..... cent increase in tax levy on onehundred dollars valuation for general municipal purposes for..... years in the city of .....?

4. If such increase in levy shall be voted, then suchincreased levy shall be effective for the number of yearsdesignated, and no longer, but cities through their city councilsmay submit the question of continuing such increase of levy atany time for like periods not to exceed four years each.